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Fed, inflation
Inflation Progress & Labor Market Cooling: The Fed’s Rate Cut Thinking
They were not, though, in a panic or worried about an imminent recession. Instead, they were thinking that the old interest rate would not be appropriate going forward.
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting inflation back to its 2% target.
Fed’s Bowman Defends ‘No’ Vote on Jumbo Cut. Inflation Is Still Too High.
The Federal Reserve governor said she thought a half-point cut could be seen as a “premature declaration of victory.”
Los Angeles Daily News
3d
Is inflation cured? Fed’s giant rate cut turns focus to cooling job market
You might recall that in March 2022, the
Fed
began a battle against four-decades-high
inflation
with pricier financing.
New York Post on MSN
3d
Fed slashes interest rates by half a percentage point in bid to curb inflation without causing recession
Wall Street investors had bet that the central bank would opt for a jumbo interest rate cut over a quarter-point cut.
2d
Fed Officials Forecast Higher Unemployment, Lower Inflation Than Three Months Ago
Federal Reserve officials signaled that unemployment might climb slightly higher by the end of the year. In their quarterly ...
4h
Fed Slashes Rates Aggressively With Larger Half-Point Cut: Prepare for Lower Mortgages
Fed policymakers announced the half-point rate cut on Wednesday, bringing the central bank's effective benchmark rate to ...
1d
on MSN
Stock market today: Indexes edge down as traders hit pause after rally to record highs
Friday could see a surge in trading activity due to triple witch option expirations and S&P index rebalance trades, NYSE's ...
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